[ANN] Sia - Decentralized Storage - page 340.

BitCoinNutJob

legendary

Activity: 1316

Merit: 1000

I tried beta and I'm saying it's awesome! After Storj the best cloud file hosting platform. One of the best investments. So cheap... I predict x3-x5 price will up soon.

bitspill

legendary

Activity: 2087

Merit: 1015

Quote from: ?? on ??

I think we need other exchange now, buy support is pretty nice.
Thanks.

Sia is on 2 exchanges.

https://www.cryptomic.com/trade?c=SC&p=BTC
https://poloniex.com/exchange#btc_sc

andyatcrux

legendary

Activity: 938

Merit: 1000

Quote from: PapillonV on April 11, 2016, 03:06:57 AM

How to save a backup of the wallet?

In your Sia folder (there is no roaming folder for Sia, just your main file folder). Sia is portable.

Sia-(whatever version)\resources\app\Sia\wallet

Save a copy of the wallet folder and its contents. Also, you will see the Consensus folder which may want to backup because some versions of sia will utilize it to load the blockchain when updating to a new version of Sia

PapillonV

hero member

Activity: 593

Merit: 500

How to save a backup of the wallet?

Riseman

hero member

Activity: 690

Merit: 500

I have mined a block, waited for it to mature and now I can't send any amount of coins. Restarting the wallet doesn't help. Using the latest Windows wallet. I already mined it 2 months ago and there were no such issues.

tintumon

sr. member

Activity: 364

Merit: 250

dinkimole nokkalle...

Quote from: Tobo on April 09, 2016, 10:59:08 AM

Quote from: tintumon on April 09, 2016, 10:06:26 AM

How would the price rise, if there is an infinite amount of coin supply?
The inflation should bring it down in the long run.

I think the main reason to have an inflation is to secure the decentralized network for a very long period of time by using the mining and rewarding system before any better solutions can be found. A decentralized network needs to be secured by a rewarding system one way or the other. In this kind rewarding system, if you set up a limited amount of coins in the beginning, your network will have a limited life because when you run out of coins you run out of the security.

Siacoin's inflation is not high imo. In about 5 years, the inflation is about 3.4%. In 10 years, the inflation will be under 3%. And in the long run, the inflation will be about 2% for long time. So in the long run, the inflation will probably be lower than the Sia network growth rate besides the lost coins.

In return, Sia got a robust and secured network and Sia can focus on the long term growth of its business and ecosystem. Siacoins' value eventually will depend on people's expectation on the growth of the business and ecosystem on Sia network. So once the market figures out the proper marketcap of Sia, they will see the real price of the Siacoins.

In addition, the small inflation can perform as a kind stabilizer to the fluctuation of the coin price in the growing period. As we know that the fluctuation of coin price is a big threat and hurdle for a cryptocurrency to get adopted and bootstrapped in the real business and industry. The ideal situation for Sia is that its price goes up only when its market share and business adoption go up but in the mean time its price is stable enough for the market and business users to adjust easily for their daily business. Sia is a very business oriented project and when it becomes a real player in a real industry, the Siacoins you are holding will worth a lot.

Thanks for the explanation. makes sense.

Tobo

hero member

Activity: 763

Merit: 500

Quote from: Riseman on April 09, 2016, 05:07:52 PM

If BTC makes another bull run, it can cause a new altcoin dumping season. So we may still see 4 sat price again after several months.

I highly doubt about it because Sia has been making a lot of progress and today Sia is not the same Sia as 3 months ago. I think siacoin's price will be going up in general even if BTC's price is picking up as long as Sia can keep making progress as the roadmap has indicated..

peercoat

newbie

Activity: 2

Merit: 0

All we could hope that dumping doesn't goes under atleast 20 sat i.e. huge buy support.

Riseman

hero member

Activity: 690

Merit: 500

Quote from: tintumon on April 09, 2016, 10:06:26 AM

Quote from: fonzerrellie on April 08, 2016, 04:01:43 PM

nice dip on Polo Shocked

I didn't think we'd get the chance to buy SC below 25 sats again... I'll try and find some btc to scoop some up Cool

How would the price rise, if there is an infinite amount of coin supply?
The inflation should bring it down in the long run.

If BTC makes another bull run, it can cause a new altcoin dumping season. So we may still see 4 sat price again after several months.

Tobo

hero member

Activity: 763

Merit: 500

Quote from: tintumon on April 09, 2016, 10:06:26 AM

How would the price rise, if there is an infinite amount of coin supply?
The inflation should bring it down in the long run.

I think the main reason to have an inflation is to secure the decentralized network for a very long period of time by using the mining and rewarding system before any better solutions can be found. A decentralized network needs to be secured by a rewarding system one way or the other. In this kind rewarding system, if you set up a limited amount of coins in the beginning, your network will have a limited life because when you run out of coins you run out of the security.

Siacoin's inflation is not high imo. In about 5 years, the inflation is about 3.4%. In 10 years, the inflation will be under 3%. And in the long run, the inflation will be about 2% for long time. So in the long run, the inflation will probably be lower than the Sia network growth rate besides the lost coins.

In return, Sia got a robust and secured network and Sia can focus on the long term growth of its business and ecosystem. Siacoins' value eventually will depend on people's expectation on the growth of the business and ecosystem on Sia network. So once the market figures out the proper marketcap of Sia, they will see the real price of the Siacoins.

In addition, the small inflation can perform as a kind stabilizer to the fluctuation of the coin price in the growing period. As we know that the fluctuation of coin price is a big threat and hurdle for a cryptocurrency to get adopted and bootstrapped in the real business and industry. The ideal situation for Sia is that its price goes up only when its market share and business adoption go up but in the mean time its price is stable enough for the market and business users to adjust easily for their daily business. Sia is a very business oriented project and when it becomes a real player in a real industry, the Siacoins you are holding will worth a lot.

4emily

hero member

Activity: 577

Merit: 500

Quote from: bitspill on April 08, 2016, 03:51:47 PM

Quote from: 4emily on April 08, 2016, 10:52:52 AM

Thanks @bitspill.

Based on your advice to date and what I've otherwise read/guessed, this should be the sequence of steps:

1. Back up old wallet folder

2. Back up old consensus folder

3. Download and install the new client

4. Open the new client and create new wallet (I'm assuming the same thing will happen on opening 0.5.2 as did for 0.5.1 – i.e. automatic generation of a new password/wallet)

5. Close the client

6. Replace the new wallet folder with the old wallet folder

7. Replace the new consensus folder with the old consensus folder

8. Open the new client again and old balance from previous wallet will appear.

Is that correct?

Thanks for your further help

Yes, except you can skip step 4. since you're copying over the old wallet no need to create one just to throw it away

Thanks.

Last question (hopefully):

What's the difference between UI and CLI, as in:

Quote

These are the UI and CLI releases for v0.5.2, which is essentially a formal beta release of v0.5.2-rc3. Please report any bugs promptly.

https://github.com/NebulousLabs/Sia-UI/releases/tag/v0.5.2-beta
https://github.com/NebulousLabs/Sia/releases/tag/v0.5.2-beta

https://forum.sia.tech/topic/137/v0-5-2

tintumon

sr. member

Activity: 364

Merit: 250

dinkimole nokkalle...

Quote from: fonzerrellie on April 08, 2016, 04:01:43 PM

nice dip on Polo Shocked

I didn't think we'd get the chance to buy SC below 25 sats again... I'll try and find some btc to scoop some up Cool

How would the price rise, if there is an infinite amount of coin supply?
The inflation should bring it down in the long run.

xibeijan

legendary

Activity: 1232

Merit: 1001

Quote from: bitspill on April 08, 2016, 05:53:32 PM

Quote from: xibeijan on April 08, 2016, 05:03:34 PM

Tyring to sync wallet and get this error

with v0.52

Quote

./siad
Loading...
(1/7) Loading gateway...
(2/7) Loading consensus...
(3/7) Loading transaction pool...
unexpected fault address 0x30c5c040
fatal error: fault
[signal 0xb code=0x1 addr=0x30c5c040 pc=0x292e00]

goroutine 12 [running]:
runtime.throw(0x585f38, 0x5)
   /usr/local/go/src/runtime/panic.go:530 +0x79 fp=0x111ed16c sp=0x111ed160
runtime.sigpanic()
   /usr/local/go/src/runtime/sigpanic_unix.go:27 +0x27b fp=0x111ed198 sp=0x111ed16c
github.com/NebulousLabs/bolt.(*Tx).rollback(0x110ed700)
   /home/luke/go/src/github.com/NebulousLabs/bolt/tx.go:245 +0x60 fp=0x111ed1b8 sp=0x111ed198
github.com/NebulousLabs/bolt.(*Tx).Commit(0x110ed700, 0x0, 0x0)
   /home/luke/go/src/github.com/NebulousLabs/bolt/tx.go:163 +0x1ec fp=0x111ed274 sp=0x111ed1b8
github.com/NebulousLabs/bolt.(*DB).Update(0x10b837a0, 0x111ed2cc, 0x0, 0x0)
   /home/luke/go/src/github.com/NebulousLabs/bolt/db.go:580 +0xee fp=0x111ed2a0 sp=0x111ed274
github.com/NebulousLabs/Sia/modules/consensus.(*ConsensusSet).addBlockToTree(0x10b79080, 0x0, 0x9b640000, 0x787a362e, 0xb5d8458d, 0xb4bb180e, 0x727ff446, 0x21456bf3, 0xf6d20d7d, 0x144b571f, ...)
   /home/luke/go/src/github.com/NebulousLabs/Sia/modules/consensus/accept.go:183 +0xd8 fp=0x111ed328 sp=0x111ed2a0
github.com/NebulousLabs/Sia/modules/consensus.(*ConsensusSet).managedAcceptBlock(0x10b79080, 0x0, 0x9b640000, 0x787a362e, 0xb5d8458d, 0xb4bb180e, 0x727ff446, 0x21456bf3, 0xf6d20d7d, 0x144b571f, ...)
   /home/luke/go/src/github.com/NebulousLabs/Sia/modules/consensus/accept.go:259 +0x102 fp=0x111ed408 sp=0x111ed328
github.com/NebulousLabs/Sia/modules/consensus.(*ConsensusSet).threadedReceiveBlocks(0x10b79080, 0x30b9e2c0, 0x10c7e028, 0x0, 0x0)
   /home/luke/go/src/github.com/NebulousLabs/Sia/modules/consensus/synchronize.go:213 +0x6da fp=0x111edd98 sp=0x111ed408
github.com/NebulousLabs/Sia/modules/consensus.(*ConsensusSet).(github.com/NebulousLabs/Sia/modules/consensus.threadedReceiveBlocks)-fm(0x30b9e2c0, 0x10c7e028, 0x0, 0x0)
   /home/luke/go/src/github.com/NebulousLabs/Sia/modules/consensus/consensusset.go:134 +0x36 fp=0x111eddb0 sp=0x111edd98
github.com/NebulousLabs/Sia/modules/gateway.(*Gateway).RPC(0x10bd7b80, 0x10c2b880, 0x12, 0x5b5410, 0xa, 0x10c7e000, 0x0, 0x0)
   /home/luke/go/src/github.com/NebulousLabs/Sia/modules/gateway/rpc.go:53 +0x3cf fp=0x111ede58 sp=0x111eddb0
github.com/NebulousLabs/Sia/modules/consensus.(*ConsensusSet).threadedInitialBlockchainDownload(0x10b79080)
   /home/luke/go/src/github.com/NebulousLabs/Sia/modules/consensus/synchronize.go:475 +0x57a fp=0x111edfa0 sp=0x111ede58
github.com/NebulousLabs/Sia/modules/consensus.New.func1(0x10b79080, 0x30b607d8, 0x10bd7b80)
   /home/luke/go/src/github.com/NebulousLabs/Sia/modules/consensus/consensusset.go:126 +0x1f fp=0x111edfb8 sp=0x111edfa0
runtime.goexit()
   /usr/local/go/src/runtime/asm_386.s:1585 +0x1 fp=0x111edfbc sp=0x111edfb8
created by github.com/NebulousLabs/Sia/modules/consensus.New
   /home/luke/go/src/github.com/NebulousLabs/Sia/modules/consensus/consensusset.go:140 +0x611

Are you on a 32 bit OS, unfortunately 32 bit support had to be dropped due to a limitation of the database utilized in the consensus.db

No - 64bit.

devlin

sr. member

Activity: 272

Merit: 250

Quote from: Riseman on April 08, 2016, 06:08:04 PM

Quote from: Riseman on April 07, 2016, 07:59:03 PM

Quote from: andyatcrux on April 06, 2016, 01:21:53 PM

Quote from: Riseman on April 06, 2016, 12:34:46 PM

https://github.com/NebulousLabs/Sia-GPU-Miner/releases/tag/v1.0.5

Is this the latest public miner for AMD?

That is the latest one put out by Nebulous Labs, but here is another public release that is optimized for Sia 0.5.1:

https://github.com/robvanmieghem/gominer/releases/tag/v0.2

You may want to try both out.

Can it be compiled on Windows or is it Linux-only?

Finally got it to compile. It seems to be 15% slower on my card than the official one.

Advantage is to run only one instance for all cards.

Riseman

hero member

Activity: 690

Merit: 500

Quote from: Riseman on April 07, 2016, 07:59:03 PM

Quote from: andyatcrux on April 06, 2016, 01:21:53 PM

Quote from: Riseman on April 06, 2016, 12:34:46 PM

https://github.com/NebulousLabs/Sia-GPU-Miner/releases/tag/v1.0.5

Is this the latest public miner for AMD?

That is the latest one put out by Nebulous Labs, but here is another public release that is optimized for Sia 0.5.1:

https://github.com/robvanmieghem/gominer/releases/tag/v0.2

You may want to try both out.

Can it be compiled on Windows or is it Linux-only?

Finally got it to compile. It seems to be 15% slower on my card than the official one.

bitspill

legendary

Activity: 2087

Merit: 1015

Quote from: xibeijan on April 08, 2016, 05:03:34 PM

Tyring to sync wallet and get this error

with v0.52

Quote

./siad
Loading...
(1/7) Loading gateway...
(2/7) Loading consensus...
(3/7) Loading transaction pool...
unexpected fault address 0x30c5c040
fatal error: fault
[signal 0xb code=0x1 addr=0x30c5c040 pc=0x292e00]

goroutine 12 [running]:
runtime.throw(0x585f38, 0x5)
   /usr/local/go/src/runtime/panic.go:530 +0x79 fp=0x111ed16c sp=0x111ed160
runtime.sigpanic()
   /usr/local/go/src/runtime/sigpanic_unix.go:27 +0x27b fp=0x111ed198 sp=0x111ed16c
github.com/NebulousLabs/bolt.(*Tx).rollback(0x110ed700)
   /home/luke/go/src/github.com/NebulousLabs/bolt/tx.go:245 +0x60 fp=0x111ed1b8 sp=0x111ed198
github.com/NebulousLabs/bolt.(*Tx).Commit(0x110ed700, 0x0, 0x0)
   /home/luke/go/src/github.com/NebulousLabs/bolt/tx.go:163 +0x1ec fp=0x111ed274 sp=0x111ed1b8
github.com/NebulousLabs/bolt.(*DB).Update(0x10b837a0, 0x111ed2cc, 0x0, 0x0)
   /home/luke/go/src/github.com/NebulousLabs/bolt/db.go:580 +0xee fp=0x111ed2a0 sp=0x111ed274
github.com/NebulousLabs/Sia/modules/consensus.(*ConsensusSet).addBlockToTree(0x10b79080, 0x0, 0x9b640000, 0x787a362e, 0xb5d8458d, 0xb4bb180e, 0x727ff446, 0x21456bf3, 0xf6d20d7d, 0x144b571f, ...)
   /home/luke/go/src/github.com/NebulousLabs/Sia/modules/consensus/accept.go:183 +0xd8 fp=0x111ed328 sp=0x111ed2a0
github.com/NebulousLabs/Sia/modules/consensus.(*ConsensusSet).managedAcceptBlock(0x10b79080, 0x0, 0x9b640000, 0x787a362e, 0xb5d8458d, 0xb4bb180e, 0x727ff446, 0x21456bf3, 0xf6d20d7d, 0x144b571f, ...)
   /home/luke/go/src/github.com/NebulousLabs/Sia/modules/consensus/accept.go:259 +0x102 fp=0x111ed408 sp=0x111ed328
github.com/NebulousLabs/Sia/modules/consensus.(*ConsensusSet).threadedReceiveBlocks(0x10b79080, 0x30b9e2c0, 0x10c7e028, 0x0, 0x0)
   /home/luke/go/src/github.com/NebulousLabs/Sia/modules/consensus/synchronize.go:213 +0x6da fp=0x111edd98 sp=0x111ed408
github.com/NebulousLabs/Sia/modules/consensus.(*ConsensusSet).(github.com/NebulousLabs/Sia/modules/consensus.threadedReceiveBlocks)-fm(0x30b9e2c0, 0x10c7e028, 0x0, 0x0)
   /home/luke/go/src/github.com/NebulousLabs/Sia/modules/consensus/consensusset.go:134 +0x36 fp=0x111eddb0 sp=0x111edd98
github.com/NebulousLabs/Sia/modules/gateway.(*Gateway).RPC(0x10bd7b80, 0x10c2b880, 0x12, 0x5b5410, 0xa, 0x10c7e000, 0x0, 0x0)
   /home/luke/go/src/github.com/NebulousLabs/Sia/modules/gateway/rpc.go:53 +0x3cf fp=0x111ede58 sp=0x111eddb0
github.com/NebulousLabs/Sia/modules/consensus.(*ConsensusSet).threadedInitialBlockchainDownload(0x10b79080)
   /home/luke/go/src/github.com/NebulousLabs/Sia/modules/consensus/synchronize.go:475 +0x57a fp=0x111edfa0 sp=0x111ede58
github.com/NebulousLabs/Sia/modules/consensus.New.func1(0x10b79080, 0x30b607d8, 0x10bd7b80)
   /home/luke/go/src/github.com/NebulousLabs/Sia/modules/consensus/consensusset.go:126 +0x1f fp=0x111edfb8 sp=0x111edfa0
runtime.goexit()
   /usr/local/go/src/runtime/asm_386.s:1585 +0x1 fp=0x111edfbc sp=0x111edfb8
created by github.com/NebulousLabs/Sia/modules/consensus.New
   /home/luke/go/src/github.com/NebulousLabs/Sia/modules/consensus/consensusset.go:140 +0x611

Are you on a 32 bit OS, unfortunately 32 bit support had to be dropped due to a limitation of the database utilized in the consensus.db

xibeijan

legendary

Activity: 1232

Merit: 1001

Tyring to sync wallet and get this error

with v0.52

Quote

./siad
Loading...
(1/7) Loading gateway...
(2/7) Loading consensus...
(3/7) Loading transaction pool...
unexpected fault address 0x30c5c040
fatal error: fault
[signal 0xb code=0x1 addr=0x30c5c040 pc=0x292e00]

goroutine 12 [running]:
runtime.throw(0x585f38, 0x5)
   /usr/local/go/src/runtime/panic.go:530 +0x79 fp=0x111ed16c sp=0x111ed160
runtime.sigpanic()
   /usr/local/go/src/runtime/sigpanic_unix.go:27 +0x27b fp=0x111ed198 sp=0x111ed16c
github.com/NebulousLabs/bolt.(*Tx).rollback(0x110ed700)
   /home/luke/go/src/github.com/NebulousLabs/bolt/tx.go:245 +0x60 fp=0x111ed1b8 sp=0x111ed198
github.com/NebulousLabs/bolt.(*Tx).Commit(0x110ed700, 0x0, 0x0)
   /home/luke/go/src/github.com/NebulousLabs/bolt/tx.go:163 +0x1ec fp=0x111ed274 sp=0x111ed1b8
github.com/NebulousLabs/bolt.(*DB).Update(0x10b837a0, 0x111ed2cc, 0x0, 0x0)
   /home/luke/go/src/github.com/NebulousLabs/bolt/db.go:580 +0xee fp=0x111ed2a0 sp=0x111ed274
github.com/NebulousLabs/Sia/modules/consensus.(*ConsensusSet).addBlockToTree(0x10b79080, 0x0, 0x9b640000, 0x787a362e, 0xb5d8458d, 0xb4bb180e, 0x727ff446, 0x21456bf3, 0xf6d20d7d, 0x144b571f, ...)
   /home/luke/go/src/github.com/NebulousLabs/Sia/modules/consensus/accept.go:183 +0xd8 fp=0x111ed328 sp=0x111ed2a0
github.com/NebulousLabs/Sia/modules/consensus.(*ConsensusSet).managedAcceptBlock(0x10b79080, 0x0, 0x9b640000, 0x787a362e, 0xb5d8458d, 0xb4bb180e, 0x727ff446, 0x21456bf3, 0xf6d20d7d, 0x144b571f, ...)
   /home/luke/go/src/github.com/NebulousLabs/Sia/modules/consensus/accept.go:259 +0x102 fp=0x111ed408 sp=0x111ed328
github.com/NebulousLabs/Sia/modules/consensus.(*ConsensusSet).threadedReceiveBlocks(0x10b79080, 0x30b9e2c0, 0x10c7e028, 0x0, 0x0)
   /home/luke/go/src/github.com/NebulousLabs/Sia/modules/consensus/synchronize.go:213 +0x6da fp=0x111edd98 sp=0x111ed408
github.com/NebulousLabs/Sia/modules/consensus.(*ConsensusSet).(github.com/NebulousLabs/Sia/modules/consensus.threadedReceiveBlocks)-fm(0x30b9e2c0, 0x10c7e028, 0x0, 0x0)
   /home/luke/go/src/github.com/NebulousLabs/Sia/modules/consensus/consensusset.go:134 +0x36 fp=0x111eddb0 sp=0x111edd98
github.com/NebulousLabs/Sia/modules/gateway.(*Gateway).RPC(0x10bd7b80, 0x10c2b880, 0x12, 0x5b5410, 0xa, 0x10c7e000, 0x0, 0x0)
   /home/luke/go/src/github.com/NebulousLabs/Sia/modules/gateway/rpc.go:53 +0x3cf fp=0x111ede58 sp=0x111eddb0
github.com/NebulousLabs/Sia/modules/consensus.(*ConsensusSet).threadedInitialBlockchainDownload(0x10b79080)
   /home/luke/go/src/github.com/NebulousLabs/Sia/modules/consensus/synchronize.go:475 +0x57a fp=0x111edfa0 sp=0x111ede58
github.com/NebulousLabs/Sia/modules/consensus.New.func1(0x10b79080, 0x30b607d8, 0x10bd7b80)
   /home/luke/go/src/github.com/NebulousLabs/Sia/modules/consensus/consensusset.go:126 +0x1f fp=0x111edfb8 sp=0x111edfa0
runtime.goexit()
   /usr/local/go/src/runtime/asm_386.s:1585 +0x1 fp=0x111edfbc sp=0x111edfb8
created by github.com/NebulousLabs/Sia/modules/consensus.New
   /home/luke/go/src/github.com/NebulousLabs/Sia/modules/consensus/consensusset.go:140 +0x611

bitspill

legendary

Activity: 2087

Merit: 1015

Quote from: mishax1 on April 08, 2016, 04:30:48 PM

Could someone explain why does Sia need a POW gpu mining model instead of pure storage sharing model like the others ?

PoW provides the generation of coins for the purpose of renting storage as well as securing the advancement of the blockchain for the purpose of maintaining an accurate record of contracts and facilitating secure and verifiable payment

Which "others" and their "pure storage sharing model" are you referring to?

mishax1

legendary

Activity: 2898

Merit: 1017

Could someone explain why does Sia need a POW gpu mining model instead of pure storage sharing model like the others ?

fonzerrellie

legendary

Activity: 1190

Merit: 1000

Kaspa

nice dip on Polo Shocked

I didn't think we'd get the chance to buy SC below 25 sats again... I'll try and find some btc to scoop some up Cool

Topic: [ANN] Sia - Decentralized Storage - page 340. (Read 1382191 times)